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State governments have been advised to channel more investment into technology to curb unemployment rate in the country.
According to the National Bureau of Statistics in its Labour Force Survey released in February 2024, Nigeria’s unemployment rate surged to 5.0 per cent in the third quarter of 2023 from 4.2 per cent in the previous quarter.
Speaking at the 2024 Lagos Tech Summit tagged, ‘Breaking barriers of unemployment through tech’, organised by Learnwithpride firm in Ikeja on Saturday, the founder, Akin Oladeji, decried the unemployment rate in the country.
He added that state governments should commit more funds to training youth in tech skills.
He said, “I believe some states are doing some training, but I think they can do more. If they can invest more funds into this sector and get more people trained in skills that are very lucrative, the unemployment rate will be reduced. You should invest funds into training that will make the youth compete favourably with others.
“Your location doesn’t matter, whether you are in Nigeria, Ghana, or anywhere. As long as you are skilled, you can get a job remotely.
“If the government can invest money in quality training and not just any training so much that if they (trainees) are serious enough they will be able to get jobs abroad from Nigeria. But they cannot compete for those jobs if they don’t have skills to offer. So they (government) should pump more money to train them.”
